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EV startup Faraday Future looks to raise $600m

The company is hoping to get the car, designated the FF 91 (pictured) on the market in Q3 or Q4.

Faraday is reported to have got $52 million in committed funds and needs more to complete its factory in California.

In June, CEO Carsten Breitfeld said the company didn’t need any more funding to get products built but in July the company said it was looking to raise $200 million.

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